【单选题】As cost-driver level increases in the relevant range, a fixed cost does not change ___, but the fixed cost ___ becomes progressively smaller. A. per unit of cost driver; total B. in total; per unit of cost driver C. per-unit; per unit of cost driver D. in total; per...
A given increase in aggregate demand has a larger effect on national income the less steeply do unit costs rise with increases in production. Is this statement true or false. Why? The minimum efficient scale is the level of output where the short-run average-total-cost curve ...
aFixed cost is business expenses that are not dependent on the level of goods or services produced by the business.[1] They tend to be time-related, such as salaries or rents being paid per month, and are often referred to as overhead costs. This is in contrast to variable costs, whic...
Question: Which of the following costs remain constant as the output increases? a. Marginal cost b. Average variable cost c. Average fixed cost d. None of the above Costs in economics: Costs refer to the total money ...
The cost effect:although wage and cost of raw materials do not change in the short run,the average cost may increase due to overtime payments and cost to recruit more workers. The profit effect:as price level of output increases,the pri...
英文数学应用题!A company produces a toy for which the variable cost is $12.30 per unit and the fixed costs are $98,000.The toy sells for $17.98.Let X be the number of units produced and sold.a) The total cost for a business is the sum of the variable cos
To dispose of a single fixed asset, enter the asset number in theAccountfield. You can also enter aDescription. Don't enter a value for the line. The value of the asset is zero. TheFixed asset posting profiledetermines which offset ledger account to use. To view the profile, go ...
Economic Resources are the factors of production. These include: land land是指自然资源,并非只有土地!! Natural resources such as oil, coal, wheat, water. It can also be physical space for fixed capital. Reward: Rent labor 人力成本,同时也是the workforce of the economy. ...
It occurs when each worker completes a specific task in a production process. Through division of labor, productivity can increase. Firms can then take advantage of increased efficiency and lower average costs of production. 通过分工(专业人...
As a airline, about 80 per cent of the operating costs are fixed costs or semi-fixed costs. True variable cost only passenger Agent's commission, food costs and a ticket costs, and the airline, such as income from attendance. Airlines in order to get more benefits, it must be in each...